Updated Victorian Twin
617 N VAN BUREN STREET Wilmington, DE 19805
For Sale
$330,000
SINGLE_FAMILY - WILMINGTON, DE
Property Size2,050 SF
Price / SF$160.98
Days on Market29
Property Features for 617 N VAN BUREN STREET
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
Standard status
Active
Size
2,050 SF
Building Details
Year built
1900
Listing Agency:
BHHS Fox & Roach Hockessin-Pike Creek Home Marketing
(302) 999-9999
Listed By:
Delisia Inge
(302) 379-6723
Added: Jul 1
Changed: Jul 28
Last Checked: Jul 29 at 10:06AM
MLS# DENC2106358
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Welcome to a beautifully updated Victorian twin offering four bedrooms and 2.5 bathrooms across three stories. The main level features a sun-drenched living room with 9-foot ceilings and large windows, along with brand-new luxury vinyl plank flooring that continues through the dining room and into the updated kitchen. The kitchen includes soft-close cabinetry, a subway tile backsplash, and stainless steel appliances. A convenient laundry room and an updated powder room complete the first floor.
The second floor provides three generously sized bedrooms and a full bath. The entire third floor is dedicated to a private owner’s suite with a fully updated en-suite bath, walk-in closet, and additional storage.
Located in Wilmington’s Cool Spring-Tilton Park area, the home is minutes from I-95, Downtown Wilmington, the Riverfront, and Trolley Square dining and entertainment, with easy access to public transit and major employment corridors.
The second floor provides three generously sized bedrooms and a full bath. The entire third floor is dedicated to a private owner’s suite with a fully updated en-suite bath, walk-in closet, and additional storage.
Located in Wilmington’s Cool Spring-Tilton Park area, the home is minutes from I-95, Downtown Wilmington, the Riverfront, and Trolley Square dining and entertainment, with easy access to public transit and major employment corridors.
Key Highlights
- Updated 4‑bedroom, 2.5‑bath Victorian twin built in 1900
- Over 2,000 sq ft across three stories with 9‑foot ceilings and large windows
- Main level features brand‑new luxury vinyl plank flooring, dining room, and updated kitchen with soft‑close cabinetry and stainless steel appliances
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.2k | $16.20 |
| − Vacancy | −$2.2k | −$1.05 |
| EGI | $31.1k | $15.15 |
| − OpEx | −$9.3k | −$4.54 |
| NOI | $21.7k | $10.60 |
2,050 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.5K
$271.7K – $362.3K
NOI $21,736 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$277.4K
$242.7K – $323.6K
NOI $19,417 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$490.3K
$429.1K – $572.1K
NOI $34,324 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Move-in-ready 4-bedroom, 2.5-bath, three-story home with updated kitchen and luxury vinyl plank flooring.
Where is this duplex located?
The property is located at 617 N VAN BUREN STREET Wilmington, DE.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Updated 4‑bedroom, 2.5‑bath Victorian twin built in 1900; Over 2,000 sq ft across three stories with 9‑foot ceilings and large windows; Main level features brand‑new luxury vinyl plank flooring, dining room, and updated kitchen with soft‑close cabinetry and stainless steel appliances
